The Ohio State University
Fisher College of Business
AMIS 7420 Tax Accounting III
2013: Sp1
Dr. Raabe
Web site for course
http://fisher.osu.edu/~raabe_12/amis_866.htm
COURSE
DESCRIPTION
Intensive study of the federal income tax treatment of business entities and wealthy individuals, with
particular attention to tax planning by these businesses and their owners. Prereq: 3200 and Tax I (eg
AMIS 3400, 7400) or equivalent.
MATERIALS
Required
Recommended
Reference
OBJECTIVES
Hoffman, Raabe, Smith, Maloney, 2013 ed, Southwest Federal Taxation:
Corporations ISBN 9781133495505
Supplement for the text: Study Guide ISBN 9781133495512
Primary law sources, internet sites, and commercial research material, located
in university and law school libraries in traditional formats, and in electronic
formats on the OSU library site.
This course is designed to acquaint the student with the workings and concepts of the federal tax law,
especially as it pertains to complex transactions of business entities, cross-border transactions, and
family tax planning.
Students are assumed to be interested in becoming business advisors, with an emphasis on financial
and accounting subject matters. Previous tax education is assumed to entail only one previous course,
focused on individual taxation. The course will not turn the student into a “tax expert,” nor is it
designed to prepare one for the taking of professional examinations. The concepts and work habits
acquired, though, will form a solid foundation for further study and practice.
PROCEDURES
Assignments are detailed below. The course is conducted in workshop format, with lecture time
extremely limited. You must do the assigned material before the first day on which the chapter is
discussed, and then be ready to apply the material in various taxpayer fact settings.
Case Studies can be submitted individually or by a team of two. Regular class attendance will
improve your chances of meeting the course objectives.
OSU’s policies as to academic integrity, and the MAcc Code of Ethics and Responsibilities, are
incorporated herein by reference.
ACADEMIC MISCONDUCT
Academic misconduct will not be tolerated. According to University Rule 3335-31-02, all suspected
cases of academic misconduct will be reported to the Committee on Academic Misconduct.
DISABILITY SERVICES
The Office of Disability Services verifies students with specific disabilities and develops strategies to
meet the needs of those students. Students requiring accommodations based on identified
disabilities should contact the instructor at the beginning of the quarter to discuss his or her
individual needs. All students with a specific disability are encouraged to contact the Office of
Disability Services to explore the potential accommodations available to them.
GRADES
The student indicates which of the course modules are being taken for credit, before Module A
begins. Course assignments for each module are listed below. Students work the assigned cases on
their own or with one other student.
In addition, the student completes an Internet Research problem (10 points). Email your file to
raabe.12@osu.edu by 11pm Thursday, February 14, 2013.
The grading scale for the course is likely to be as follows, for the percentage of points that the
student earned in the chosen module(s). Pluses and minuses may be used as well.
90A, 80B, 70C, 60D
The course schedule is as follows.
ASSIGNMENTS
Date
Read Text Chapter before
Class
Student Support
Materials
Module A
1/8,15,17
1/22,24
13, Choice of Business Entity
6, Corporate Redemptions and
Liquidations
Quiz (5)
Slides
Slides
Follow-Up
Follow-Up
7, Capital Restructurings
8, Consolidated Tax Returns
Slides
Slides
Follow-Up
Follow-Up
9, International Taxation
16, Multistate Taxation
Cases (10)
Quiz (5)
Cases (10)
Quiz (5)
Module C
2/12,14
2/19,21
Cases (10)
Quiz (5)
Cases (10)
Quiz (5)
Module B
1/29,31
2/5,7
Course Points Available
Slides
Slides
Follow-Up
Follow-Up
Cases (10)
Quiz (5)
Cases (10)
2/26
Final Exam
WILLIAM A RAABE, PhD, CPA, graduated from the University of Illinois. Bill has taught at OSU since January 2003. He was
the Wisconsin Distinguished Professor of Taxation at the University of Wisconsin-Milwaukee, and Capital University's (OH) only
Distinguished Professor. Bill also has taught at Arizona State University and Samford University (AL). He has been active in the tax
education functions of the major accounting firms, and he created nationally marketed software for estate and gift planners.
Bill’s scholarly articles appear in journals for both academics and tax advisors. His books include undergraduate and graduate texts,
as well as several professional reference works, the latest of which is published by CCH: Schedule M-3: Book-Tax Differences. Bill
has testified as to tax matters before legislative committees in two different states, and in the courtroom as an expert witness. He is
an advisor to the OSU team in the Deloitte Tax Case Competition and the PricewaterhouseCoopers Tax Policy Case Competition
(“xTax”), and he founded and coordinates the Fisher/OSU Tax Clinic.
Bill’s teaching and research interests include:
federal, state and local, and international taxation
financial and retirement planning
economic effects of stadiums and convention centers, and of athletic and arts organizations
charitable gift techniques
taxation and management of exempt organizations
electronic learning theory and applications.
Office hours
Contacts
Dr Raabe’s Web
Site
(c) 2013, WmARaabe
MW 11:30 am - 12:30 pm and by appointment
raabe.12@osu.edu 430 Fisher Hall 292.4023
http://fisher.osu.edu/~raabe_12